MATCHING -Horizontal Integration

question 100

Multiple Choice

MATCHING
-horizontal integration

• A)merit system for federal employees
• B)believed that equality of wealth was required for freedom
• C)a corrupt political machine
• D)a combination of corporations to establish a monopoly
• E)Indians were not American citizens
• F)buying out one's competitors
• G)controlling every phase of a business
• H)broke up tribal lands
• I)Spending money simply to show off wealth
• J)survival of the fittest
• K)covered in gold
• L)covered thousands of acres

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Definitions:

Lump Sum Bonus

Merit pay that is awarded in a single payment and not built into base pay.

Scanlon Plan

A type of gainsharing program that incentivizes employees to increase productivity through cost-saving measures, sharing the resulting financial gains.

Base Pay

The initial rate of compensation that an employee receives in exchange for services, excluding extra payments like bonuses or overtime.

Merit Pay

A compensation approach that provides financial rewards to employees based on their performance, as opposed to their time worked or position.